practices (including downgauging of
            
            
              label face materials and release base,
            
            
              and the recycling of process waste such
            
            
              as start-up materials/inks/spent release
            
            
              liner) must also be central to the label
            
            
              converter’s activities.   This is an arena
            
            
              where our industry has already seen
            
            
              much real achievement, and – taking into
            
            
              account all the elements of labelling,
            
            
              including transportation and inventory
            
            
              requirements, as well as labelling line
            
            
              set-up and downtime issues – self-
            
            
              adhesive solutions can really offer a lean
            
            
              solution.    Measuring the total applied
            
            
              cost (TAC) is a good way to prove the
            
            
              efficacy of self-adhesive label solutions.
            
            
              E-commerce has long been a key to the
            
            
              effective running of the relationship
            
            
              between labelstock supplier and label
            
            
              converter, and today’s ‘back office’ at the
            
            
              label converter can be seamlessly
            
            
              integrated with the front end.   Using
            
            
              today’s most up-to-date systems, which
            
            
              match those of the customers, is key.
            
            
              setting
            
            
              the
            
            
              context
            
            
              There are other significant matters on
            
            
              the label converter’s menu today.
            
            
              Perhaps most importantly, making the
            
            
              interested in taking on the reins is one
            
            
              solution, but there are other possibilities
            
            
              too. Specialisation is one route:  there
            
            
              are successful label printing companies
            
            
              serving such specialist industries as
            
            
              pharmaceuticals and wines and spirits.
            
            
              Alternatively, companies can look to
            
            
              extend their reach from being a ‘local’
            
            
              supply base, to cross-border trading and,
            
            
              then, an international presence --
            
            
              achieved either independently or as a
            
            
              result of establishing partnerships and
            
            
              alliances with like-minded companies in
            
            
              other countries.  Finally, of course, there
            
            
              are mergers and acquisitions – today an
            
            
              area where we are seeing very strong
            
            
              activity.   In this business environment,
            
            
              printers of packaging media other than
            
            
              labels (as well as ailing commercial
            
            
              printers) are strengthening their
            
            
              positions with label printer buy-outs.
            
            
              The economies and improved
            
            
              profitability which supply chain
            
            
              participants can achieve by owning up-
            
            
              and down-stream companies in the
            
            
              labelling chain are very evident today.
            
            
              Major brand owners and retailers are
            
            
              also considering the possibility of
            
            
              owning their own label printshops.
            
            
              providing
            
            
              essential
            
            
              back
            
            
              -
            
            
              up
            
            
              FINAT, working with its partner national
            
            
              European associations and the L9 – a
            
            
              recently-established group of nine
            
            
              regional label associations worldwide – is
            
            
              actively playing a key role in establishing
            
            
              decision as to how to take the business
            
            
              forward in the early 21st century.   The
            
            
              self-adhesive label industry has come a
            
            
              long way in its relatively short life;  and it
            
            
              was small, entrepreneurial ‘start-up’
            
            
              companies with a vision who, around 30
            
            
              years ago, kick-started it.   With a
            
            
              relatively low-cost printroom setup, they
            
            
              were still able to offer their customers
            
            
              enormous variety – particularly in terms
            
            
              of label shape, thanks to the
            
            
              exceptionally fine kiss-diecutting results
            
            
              that could be achieved in the same
            
            
              machine pass in which the label was
            
            
              printed.   The nature of the basic
            
            
              labelstock construction – a sandwich of
            
            
              printable face material backed by an
            
            
              adhesive layer and a release liner – has
            
            
              made it probably the most flexible and
            
            
              versatile labelling medium available.
            
            
              Not only are the constituents of the
            
            
              labelstock all variable, but its stability
            
            
              allows labels to be automatically applied
            
            
              accurately, quickly, and cleanly on simple
            
            
              label dispensing equipment.
            
            
              where
            
            
              next
            
            
              ?
            
            
              30 years on, the founders of these
            
            
              businesses are reaching retirement – and
            
            
              the succession-planning process must
            
            
              begin.   The ‘savoir faire’ of young
            
            
              managers in what is a specialty
            
            
              converting industry is crucial – in terms
            
            
              of sound strategic business planning as
            
            
              well as in-depth familiarity of
            
            
              technologies.   FINAT’s Young Managers’
            
            
              Club was inaugurated in 2008 for just
            
            
              this purpose;  A younger generation
            
            
              21
            
            
              FINAT YEARBOOK
            
            
              
                2013
              
            
            
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